Canada: Key economic events ahead - TDS

Analysts at TD Securities (TDS) offer a brief preview of the key economic events due on the cards from the Canadian docket later today at 1330 GMT.

Key Quotes:

“CAD January's labor force survey will set the tone, with TD looking for job growth to recover to an above-consensus 15k (market: 5k). This should leave the unemployment rate to hold steady at 5.6% while we look for a modest improvement in wage growth to 1.7% y/y (market: 5.7%, 1.6%, respectively).

Housing starts for January will be released at 8:15 ET where both TD and the market look for construction to slow to 205k unit pace.”